inflation and output stabilisation mandates of the CBN. The study also finds that inclusion of more instruments in the CBN … therefore emphasises the difficulty of the CBN to effectively manage inflation and output stabilisation simultaneously, which …

the inflation rate. Second, economic activity measures have been in the focus of the ECB before the financial crisis broke … out. Third, over the last decade, the role of economic activity for ECB monetary policy has decreased so that inflation …

of their specific occupational background. Third, party members react significantly less to inflation and more to output …

of inflation before beginning to raise the target federal funds rate, thereby shifting to a more accommodative policy …

inflation stabilization and balanced growth objectives. The challenge in meeting these objectives further increased in the mid …

Pareto improvement in inflation and output volatilities. This involves simulating counterfactual scenarios under alternative … monetary policy shocks, where for each such simulation we compute the Root Mean Squares (RMS) of the inflation and output gaps … aimed at narrowing the output gap at the expense of more volatile inflation …